Market Size of Sports Nutrition Industry
Study Period | 2018 - 2029 |
Base Year For Estimation | 2023 |
CAGR (2024 - 2029) | 12.50 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Sports Nutrition Market Analysis
The Sports Nutrition Market is expected to register a CAGR of 12.5% during the forecast period.
One of the main drivers propelling the market is an increase in consumer inclination for a healthy, active lifestyle. Additionally, it is anticipated that the rise would be fueled by young consumers making fitness a major aspect of their lifestyle and by consumers' rising acceptance of protein supplements. While Sports nutrition solutions are created to restore nutrients lost during exercise and to make it simpler to achieve fitness goals. Sports beverages, energy bars, and protein powder are a few of the top sports nutrition products. It's crucial to fuel the body properly for athletic performance, especially when it comes to fats, proteins, and carbohydrates that help keep the body's energy levels up. Since carbohydrates are the main source of energy for working muscles, it's critical to consume enough of them to avoid muscular tiredness. Similarly, Protein is essential for constructing new muscle tissue and can be utilized as an energy source.
Whereas, Fatty acids from fats can be used as an energy source, especially if the workouts take longer than an hour. Additionally, fats serve as the building blocks for the production of hormones and cell membranes. Therefore, The consumption of sports nutrition products has increased among consumers, because of increased health awareness and rising disposable income levels of consumers. Thus, the growth rate of the sports nutrition market is rising. Indulgence in buying and product knowledge are the key factors driving the growth rate. The sports supplement segment occupied a major share due to the increased regularized usage of sports nutrition products by sportspersons in the form of supplements. The growing variety for different body types, where the consumers get to use the products depending upon their needs and taste is one such factor that stimulates the market growth.
Sports Nutrition Industry Segmentation
Sports nutrition is the study and practice of nutrition and diet with regard to improving one's athletic performance. Nutrition is an important part of many sports training regimens, majorly in strength sports and endurance sports. The sports nutrition market is segmented by type, distribution channel, and geography. The sports nutrition market is segmented by type into sports food, sports drinks, and sports supplements. By distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, specialty stores, online stores, and other distribution channels. Based on geography, the report provides a detailed global analysis, including North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. For each segment, the market sizing and forecasts have been done based on value (in USD Million).
Type | |
Sports Food | |
Sports Drinks | |
Sports Supplements |
Distribution Channel | |
Supermarkets/Hypermarkets | |
Specialty Stores | |
Convenience Stores | |
Online Stores | |
Other Distribution Channels |
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Sports Nutrition Market Size Summary
The sports nutrition market is experiencing significant growth, driven by an increasing consumer focus on maintaining a healthy and active lifestyle. This trend is particularly evident among younger consumers who are integrating fitness into their daily routines and are more accepting of protein supplements. Sports nutrition products, such as beverages, energy bars, and protein powders, are designed to replenish nutrients lost during exercise and facilitate the achievement of fitness goals. The importance of proper nutrition, especially the intake of carbohydrates, proteins, and fats, is emphasized for optimal athletic performance. The rising health awareness and disposable income levels are further propelling the market, with consumers showing a growing interest in sports supplements tailored to different body types and preferences.
Globally, the demand for sports nutrition products is on the rise, with a notable increase in health-conscious individuals participating in sports, fitness clubs, and gyms. Regions like Asia-Pacific, particularly India and China, are witnessing a shift towards sports nutrition as a convenient food choice, driven by changing lifestyles and the snacking trend among health-conscious consumers. The market is highly competitive, with major players like Glanbia PLC, PepsiCo Inc., and MusclePharm Corporation focusing on product innovation and functional benefits to attract a diverse consumer base. Recent product launches and collaborations highlight the industry's commitment to meeting the evolving demands of fitness enthusiasts and the broader market.
Sports Nutrition Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Sports Food
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2.1.2 Sports Drinks
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2.1.3 Sports Supplements
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2.2 Distribution Channel
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2.2.1 Supermarkets/Hypermarkets
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2.2.2 Specialty Stores
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2.2.3 Convenience Stores
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2.2.4 Online Stores
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2.2.5 Other Distribution Channels
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 United Kingdom
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2.3.2.2 Germany
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2.3.2.3 Spain
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2.3.2.4 France
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2.3.2.5 Italy
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2.3.2.6 Russia
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East and Africa
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2.3.5.1 South Africa
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2.3.5.2 United Arab Emirates
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2.3.5.3 Rest of Middle-East and Africa
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Sports Nutrition Market Size FAQs
What is the current Sports Nutrition Market size?
The Sports Nutrition Market is projected to register a CAGR of 12.5% during the forecast period (2024-2029)
Who are the key players in Sports Nutrition Market?
Glanbia plc, PepsiCo, Inc., MusclePharm Corporation, Clif Bar & Company and General Nutrition Centers Inc. are the major companies operating in the Sports Nutrition Market.